Browsing: Oil Prices

Oil prices ticked up in Asian trading on Friday, with investors exercising caution ahead of key US employment data as they weighed a big withdrawal from the country’s crude inventories and a delay to production hikes by OPEC+ producers.

Oil was little changed on Wednesday after a sharp drop in the previous session ended a three-day streak of gains

President Masoud Pezeshkian said in a video published on Tuesday that fuel subsidies made no sense in Iran, a major oil producer with a struggling economy that has faced protests in the past over price hikes.

Oil prices paused recent advances to trade in a range on Tuesday, after a surge of more than 7 percent in the previous three sessions

Qatar is on track to restore government revenues to pre-2014 oil price shock levels and double its economy by 2031

Oil prices eased in trading on Monday as fears of weaker demand in top oil importer China weighed on market sentiment while investors focused on the progress of ceasefire talks in the Middle East, which could reduce supply risks

LONDON: Oil prices rose on Thursday, supported by optimism that potential US interest rate cuts will boost economic activity and…

Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China

Oil prices fell in choppy trade on Thursday, and looked set to snap a two-session streak during which they gained about 3 percent due to growing supply risks amid simmering tensions in the Middle East

SINGAPORE: Oil futures extended losses in a volatile session on Monday as fears of a recession in top oil consumer the US offset supply worries stemming from mounting tensions in the Middle East, the world’s largest oil producing region.